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  5. TOU: Tou announced a $1. [Tourmaline Oil Corp.]
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Investment Q&A

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Q: Tou announced a $1.50 special dividend payable May 19th. Do you have to own the stock up until it is paid, or only have to own on the day it was announced?

Asked by kenneth on May 10, 2022
5i Research Answer:

The ex-dividend date is May 11. Today is the last day to buy the stock to get the divdend. If owned already, investors will get the dividend provided they do not sell today.